Funding you earn now, next payment 00:00 UTC+0.0025%/8hnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.043%91s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 173.56 | 0 | get 0.0000% / 8h | 4h 23m | $2.2M | $10.7M | 20x |
| Short | BloFin MRNA-USDT | 173.63 | 0.0025 | get 0.0025% / 8h | 4h 23m | $45K | $28K | 20x |
Binance MRNAUSDT
BloFin MRNA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.2
- Price spread: +0.043% → 0.000%
- $4.28
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.52
- Costs to cover
- 0.220%
- Break-even
- 23.8 days
Slippage unknown: Binance: live order book, 6 min ago; BloFin: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 6 min ago | 2.30 bp | 15.2 bp −$15 | 48.8 bp −$488 | 274.3 bp −$27.4K | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MRNA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0194% | 4h | 173.53 | −0.012% | $3K | $234K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.57 | +0.006% | $30K | $75K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 173.56 | long leg | $2.2M | $10.7M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.53 | −0.015% | $964K | $998K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.41 | −0.084% | $1.4M | $4.7M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.46 | −0.055% | $1.1M | $2.4M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.48 | −0.044% | $881K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.44 | −0.067% | $2.7M | $9.9M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.65 | +0.054% | $35K | $70K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.74 | +0.105% | $700 | $164K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 173.35 | −0.120% | $12K | $426K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.45 | −0.061% | $1.6M | $597K | 20x | as long as short |
| BloFin MRNA-USDTshort | +0.0025% | 8h | 173.63 | +0.043% | $45K | $28K | 20x | |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.606% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.33 | −0.130% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.45 | −0.061% | $48K | $16K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.46 | −0.055% | $2.6M | $3.7M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 173.36 | −0.113% | $83 | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.36 | −0.113% | $42K | $36K | 5x | as long as short |
| Lighter MRNA | +0.0184% | 1h | 173.63 | +0.043% | $157K | $973K | 10x | as long as short |
| Phoenix MRNA | +0.0229% | 1h | 173.35 | −0.119% | $5K | $178K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Lighter MRNA
Phoenix MRNA